RIM CEO says company is open to licensing new OS

RIM logoAfter Research in Motion's CEO told a German newspaper the company may be considering big changes, the company's stock shot up on the Toronto Stock Exchange, ending Monday more than 10 percent up, at CAN$17.41 ($17.41).

In an interview with Die Welt (The World), Thorsten Heins, the German-born executive, suggested that the company could sell the company’s hardware division, or license its upcoming operating system, known as BlackBerry 10—as part of the company’s “comprehensive review.”

"The main thing for now is to successfully introduce Blackberry 10. Then we'll see," he told the German paper (Google Translate).

Given the company's struggles in recent years—against the iPhone and Android—it seems likely that licensing the OS would be one way of shoring up the company's finances.

In a hands-on with the new OS at CES earlier this month, Ars editor Florence Ion found it to be very gestures-heavy, noting that “upon first use, we had a difficult time understanding which gestures to use and how to swipe between screens without bringing up something we weren't trying to.”

That said, Canadian financial analysts seemed to be relatively bullish on the company and its pending launch of BlackBerry 10 on January 30.

"There are several emerging datapoints that suggest this may be a more successful product cycle than many expected," Tom Astle of Byron Capital, wrote in an investor’s note, raising his price target from CAN$14 to CAN$18.

Source: Ars Technica

Tags: BlackBerry, OSes, RIM

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